The yield on the 10-year Treasury surged Friday as investors assessed a strong nonfarm payrolls number for May that fueled concerns that the Federal Reserve may not cut rates as soon as expected. The yield on the 10-year Treasury jumped nearly 15 basis points to 4.43%. The 2-year Treasury yield rose about 17 basis points … Read more
A sculpture of the Euro currency stands in the city centre of Frankfurt am Main, western Germany, on January 25, 2024. Kirill Kudryavtsev | Afp | Getty Images European stocks were higher Thursday, with traders anticipating that the European Central Bank will cut borrowing costs for the euro area for the first time since September … Read more
European Central Bank (ECB) President Christine Lagarde speaks as she presents the bank’s Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024. Frederick Florin | Afp | Getty Images European stocks were higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank … Read more
Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. Nathan Laine | Bloomberg | Getty Images European markets were lower Tuesday, as positive momentum over the past few days falters. The pan-European Stoxx 600 was down 0.35% by 3:45 p.m. London time, with all … Read more
City scene Yeni Camii great mosque by Golden Horn of Bosphorus River, Topkapi Palace, Hagia Sophia Istanbul, Republic of Turkey Tim Graham | Getty Images Inflation in Turkey topped 75% in May in what economists expect to be the peak before prices start to ease. Consumer prices rose 75.45% in May on an annual basis … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 23, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
A photo illustration of the OPEC logo seen on a cell phone set against a green arrow in Brussels, Belgium on September 10, 2023. Nurphoto | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on the first trading day of 2024 on Jan. 2, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024 in New York City. The Dow Jones and S&P both hit all time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue to rise. Michael M. Santiago | Getty … Read more
People shop at a supermarket in Montebello, California, on May 15, 2024. Frederic J. Brown | AFP | Getty Images Inflation is taking baby steps towards coming back to where policymakers want it, with a report due Friday expected to show more of that creeping progress. The Commerce Department’s measure of personal consumption expenditures prices … Read more
